401(k) · DOL Form 5500 · 2022

Banesco USA 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
254
Participants Below avg headcount
76th
Percentile by assets National rank
$71,148
Avg per participant Below avg balance/head
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Official DOL plan name: Banesco USA 401(k) Plan · Sponsored by Banesco USA · Florida · Finance & Insurance

$18M in assets, 254 participants

Banesco USA's Banesco USA 401(k) Plan reported $18M in total assets and 254 participants in its 2022 DOL Form 5500 filing, ranking in the 76th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,714 in Finance & Insurance (9,261 peers)

Coverage in Florida

Banesco USA 401(k) Plan covers 254 participants in Florida, about 40% of the average Florida filer (state average ~628 per filing). Assets: $18M.

#5,714
in Finance & Insurance (9,261 peers)
-11.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Banesco USA 401(k) Plan's outsized position by total assets

Banesco USA 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$18,071,716 Top 24% higher than 76% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Banesco USA 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banesco USA 401(k) Plan sits mid-pack in the medium band (254 participants).

Form 5500 schedule snapshot

Filing strip 202768792 · Banesco USA PY 2022 · 401(k)

Banesco USA 401(k) Plan · $18M · 254 · 76th

  • PCT $18M
  • EIN 254
  • RANK 76th
  • PHOTO 401(k)
  • IND near Homedics 401(k) Savings Plan
  • EOY ind #5714

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Florida →

Banesco USA 401(k) Plan in the asset neighbourhood

Banesco USA 401(k) Plan$18MHomedics 401(k) Savings Plan$18MSouthwestern Healthcare, Inc. Retirement PlanSouthwestern Healthcare, Inc…$18MMill Steel Company 401(k) Profit Sharing PlanMill Steel Company 401(k) Pr…$18MAmberwell Atchison Association Retirement Savings PlanAmberwell Atchison Associati…$18M
End-of-year total assets ($M) among Banesco USA 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$18M
Net Income-$2M
Employer EIN202768792
Plan Effective Date2006-07-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Banesco USA)

Sponsor-wide plan assets over time

All Banesco USA plans reported in each filing year

Latest sponsor-wide plan assets
$29M 48.679961425883924% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $19.8M $29.4M ▲ +48.7%
Year Plans Participants Total Assets
2022 2 272 $20M
2023 2 283 $24M
2024 2 325 $29M

Nearby 401(k) Plans in Florida

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Banesco USA 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Banesco USA 401(k) Plan, Total assets ($B): 0.018071716 · Participants: 254Banesco USA 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Banesco USA 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Banesco USA 401(k) Plan side-by-side with 3 peers →

Banesco USA 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Homedics 401(k) Savings Plan in MI ($18M); by covered participants it is Phoenix Processor Retirement Savings Plan in WA (254 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (254 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Banesco USA 401(k) Plan assets move in 2022? ▼
Banesco USA 401(k) Plan pulled back noticeably - down 11.0% during 2022, from $20M to $18M. Reported net income was -$2M.
How have Banesco USA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Banesco USA's sponsor-wide assets grew 48.7%, from $20M to $29M.
Where does Banesco USA 401(k) Plan rank by assets among Form 5500 filers? ▼
Banesco USA 401(k) Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Banesco USA 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Homedics 401(k) Savings Plan in MI ($18M, 253 participants).
Which 401(k) plans cover a similar participant headcount to Banesco USA 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Phoenix Processor Retirement Savings Plan in WA (254 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 202768792.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.